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Brixton Metals Discovers New Gold Zone at Outlaw West and Expands the Central Outlaw Zone at its Thorn Project

Drill Results

Brixton Metals Discovers New Gold Zone at Outlaw West and Expands the Central

Outlaw Zone at its Thorn Project

VANCOUVER, British Columbia, Dec. 01, 2020 (GLOBE NEWSWIRE) -- Brixton Metals

Corporation (TSXV: BBB) (the “Company” or “Brixton”) is pleased to announce drill results from

its Outlaw Target at its wholly owned Thorn Project located in the northwest corner of British

Columbia’s Golden Triangle. The Company completed 2,788.55m of NQ size drill core over 16

holes at the Outlaw Target.

Highlights

• Drilling e xpanded the Central Outlaw Zone by 164m strike for a new total of 600m of

continuous near surface mineralized gold-silver horizon

• Discovery of mineralization at the West Outlaw Zone returned 1m of 8.7 g/t Au, 33.8 g/t Ag

or 9.2 g/t AuEq

• THN20-172 returned 12.4m of 1.4 g/t AuEq including 5m of 3.1 g/t AuEq

• THN20-176 returned 27m of 0.8 g/t AuEq, incl. 6.9m of 2.3 g/t AuEq, incl. 1m of 5.9 g/t AuEq

Chairman and CEO of Brixton, Gary R. Thompson stated, “We are encouraged as drilling at Outlaw

Target continues to confirm the scale potential of this large gold anomaly. Additionally, we are excited

by the results at West Outlaw Zone, which returned higher grades . The Thorn Project remains a

district-scale project with multiple styles of mineralization and we expect to resuming drilling at

Outlaw, a sediment hosted gold deposit, in 2021 to continue g rowing the gold-silver trend, which

remains open in several directions. We are also looking forward to assay results from other 2020

drilling completed at our Camp Creek Cu-Au porphyry target at the Thorn Project.”

Click link for: Figure 1. Location of the Outlaw Gold Target within the Thorn claim block.

http://brixtonmetals.com/wp/wp-content/uploads/2020/11/Figure-1_1Dec2020-

ClaimMap.jpg

Click link for: Figure 2. 2020 Drill Collar Location laid over Gold-in-Soils at the Outlaw Target.

http://brixtonmetals.com/wp/wp-content/uploads/2020/11/Figure-2_1Dec2020-drill-

location.jpg

Gold mineralization at the Central Outlaw Zone has been interpreted as a main, sediment -hosted

gold-bearing horizon of EW to NW orientation gently dipping to the north (Figure 3).

Several surface rock samples collected earlier this season located between 90m to 180m N orth-

northwest of holes THN20-172/173 returned 1 to 3 g/t Au. Hole THN20 -173 was drilled with a 350

degrees azimuth and -60 degrees dip for a maximum depth of 258m. The hole successfully extended

gold mineralization by 75m to the north by returning 13.5m of 1.1 g/t AuEq (0.9 g/t Au, 11.4 g/t Ag).

Further drilling should be conducted to the north and northwest of hole THN20 -173 as the Central

Outlaw Zone remains open in several directions.

Drill hole THN20-179 was terminated early due to difficult drilling conditions and possible faulting at

this location; however, the hole ended in mineralization of 2.5m of 0.7 g/t AuEq (0.6 g/t Au, 11.2 g/t

Ag).

Drill hole THN20-178 did not intercept notable mineralization and it is suspected that it may have not

been drilled deep enough as the collar was set at a 72m higher elevation than hole THN20-177 and

about 200m to the EW to NE from collar THN20-177. The other plausible theory is that a fault off set

gold mineralization at this location. Difficult drilling conditions were encountered in both holes

THN20-178 and 179.

Table 1. Central Outlaw Zone 2020 Drilling Highlights.

Hole ID From (m) To (m) Interval (m) Au g/t Ag g/t AuEq g/t

THN20-172 69.6 82.0 12.4 0.7 52.0 1.4

Including 71.0 76.0 5.0 1.7 116.1 3.1

THN20-173 100.0 113.5 13.5 0.9 11.4 1.1

Including 112.0 113.5 1.5 2.2 50.2 2.9

THN20-173 147.0 151.0 4.0 2.4 7.0 2.5

THN20-174 96.0 142.0 46.0 0.5 1.3 0.5

Including 115.0 129.0 14.0 0.7 1.6 0.7

THN20-175 3.9 8.0 4.1 1.7 3.8 1.8

THN20-175 60.0 64.0 4.0 1.4 6.3 1.4

THN20-175 78.0 143.9 65.9 0.3 1.8 0.3

Including 133.0 139.0 6.0 0.9 2.6 1.0

THN20-176 7.0 10.0 3.0 1.3 3.8 1.4

THN20-176 69.0 96.0 27.0 0.7 3.1 0.8

including 89.1 96.0 6.9 2.2 8.4 2.3

including 95.0 96.0 1.0 5.7 15.2 5.9

THN20-177 133.0 181.4 48.4 0.5 0.5 0.5

including 137.0 181.4 44.4 0.6 0.5 0.6

including 137.0 141.0 4.0 2.4 0.9 2.4

including 159.0 181.4 22.4 0.7 0.6 0.7

including 173.0 181.4 8.4 0.8 0.9 0.8

including 180.0 181.4 1.4 1.7 1.6 1.7

THN20-178 249.0 251.0 2.0 0.2 0.9 0.2

THN20-179 78.0 80.5 2.5 0.6 11.2 0.7

Intervals are drilled lengths and true widths of the mineralization have not been determined at this

time. Results are weighted average grades.

Gold equivalent values were determined by AuEq =(1811*Au g/t/31.1+23.38*Ag /t/31.1)/1811*31.1,

where the gold price used was USD$1,811 per ounce and the silver price used was USD$23.38

per ounce and metal recoveries were assumed 100%.

Click link for: Figure 3. Central Outlaw Zone Cross Section View looking North.

http://brixtonmetals.com/wp/wp-content/uploads/2020/11/Figure-3_1Dec2020-

centralOutlaw.jpg

Click link for: Figure 4. Example of Gold-bearing Mineralization from Hole THN20-176 at the

Central Outlaw Zone

http://brixtonmetals.com/wp/wp-content/uploads/2020/11/Figure-4_1Dec2020-po_py.jpg

Gold mineralization at the Central Outlaw Zone is associated with disseminated to semi-massive

pyrrhotite and pyrite mineralization hosted in Triassic clastic sediments with weak to moderate

alteration. The picture above represents an example of gold-bearing mineralization of a 27m interval

in hole THN20-176 from 69m to 98m depth that returned an average grade of 0.8 g/t AuEq, including

6.9m of 2.3 g/t AuEq with a 1m interval of 5.9 g/t AuEq.

Gold mineralization at the Central Outlaw Zone was expanded to 600m in strike, 100-200m in width

and 20-60m in thickness based on 13 holes drilled in 2020 . The 4km long gold-in-soils anomaly at

the Outlaw Target remains largely untested and gold mineralization in sediment -hosted horizons

remains open in several directions.

Drill hole THN20-177 is now eastern extent of the continuous Central Outlaw gold horizon which is

about 1,000m west from THN19 -159 (East Outlaw area) drilled in 2019 that returned 37.8m of 1.2

g/t Au, including 12m of 3.5 g/t Au. No drilling has been conducted between these Central and East

Outlaw areas.

The 2020 season was the first -time that drilling has been done in the West Outlaw Zone. The best

gold-silver intervals were in hole THN20-169 that returned 8.7 g/t Au, 33.2 g/t Ag or 9.2 g/t AuEq

from 18m depth and hole THN20-164 that retuned 1.9m of 3.0 g/t Au, 6.5 g/t Ag from 41.1m depth

and from THN20-165 that returned 5.1m of 1.1 g/t Au. See Table 2 and Figure 5 below.

Table 2. West Outlaw Zone 2020 Drilling Highlights

Hole ID

From

(m)

To

(m)

Interval

(m) Au g/t Ag g/t AuEq g/t

THN20-

164 41.1 43.0 1.9 3.0 6.5 3.1

THN20-

164 50.0 52.0 2.0 1.6 4.0 1.7

THN20-

164 72.0 73.8 1.8 1.0 1.7 1.1

THN20-

165 31.0 36.2 5.2 1.0 3.1 1.0

Including 34.5 36.2 1.6 1.8 5.7 1.9

THN20-

165 64.0 69.5 5.5 0.4 1.1 0.4

THN20-

165 161.9 167.0 5.1 1.1 1.7 1.1

THN20-

166 16.3 16.9 0.6 0.6 2.4 0.6

THN20-

166 25.1 29.1 4.0 0.5 2.5 0.5

THN20-

167 30.0 38.0 8.0 0.7 8.1 0.8

Including 30.0 36.0 6.0 0.8 8.2 0.9

THN20-

167 234.0 236.0 2.0 1.3 3.2 1.3

THN20-

168 94.5 96.0 1.5 1.0 1.5 1.0

THN20-

169 18.0 19.0 1.0 8.7 33.8 9.2

THN20-

169 23.0 25.0 2.0 0.6 5.6 0.7

THN20-

170 33.0 34.9 1.9 0.6 2.8 0.7

THN20-

171 29.2 32.9 3.7 0.9 4.3 1.0

THN20-

171 42.8 44.8 2.0 1.0 9.9 1.1

Drilling at the Outlaw West Zone targeted multiple high -grade gold in rock samples and soil

anomalies. Steep terrain conditions made it difficult to construct drill pads at preferred locations.

Eight holes were drilled from 3 pads spaced between 230m and 300m.

Click link for: Figure 5. Outlaw West Zone cross section view looking North

http://brixtonmetals.com/wp/wp-content/uploads/2020/11/Figure-5_1Dec2020-

westOutlaw.jpg

Gold mineralization at the West Outlaw Zone is associated with pyrite veining and patches hosted in

an oxidized rhyolite dykes cutting Triassic Stuhini mafic volcanics and clastic sediments.

Table 3. 2020 Drill Collar Information at the Outlaw Target.

DDH ID Prospect Easting

(m)

Northing

(m)

Elevation

(m)

Azimut

h Dip Depth (m)

THN20-

164 Outlaw West 629722 6490419 1347 360 -90 142.34

THN20-

165 Outlaw West 629722 6490419 1347 360 -60 322.48

THN20-

166 Outlaw West 629722 6490419 1347 320 -45 132.59

THN20-

167 Outlaw West 629722 6490419 1347 25 -45 300.23

THN20-

168 Outlaw West 629527 6490399 1222 20 -45 138.68

THN20-

169 Outlaw West 629527 6490399 1222 360 -45 117.35

THN20-

170 Outlaw West 629945 6490558 1473 300 -45 143.26

THN20-

171 Outlaw West 629945 6490558 1473 345 -45 64.01

THN20-

172

Outlaw

Central 631252 6490458 1809 160 -60 115.75

THN20-

173

Outlaw

Central 631252 6490458 1809 350 -60 258.17

THN20-

174

Outlaw

Central 631680 6490435 1913 170 -60 185.01

THN20-

175

Outlaw

Central 631395 6490494 1850 170 -60 163.68

THN20-

176

Outlaw

Central 631395 6490494 1850 130 -60 181.97

THN20-

177

Outlaw

Central 631680 6490435 1913 135 -45 181.36

THN20-

178

Outlaw

Central 631837 6490482 1985 170 -75 261.21

THN20-

179

Outlaw

Central 631837 6490482 1985 95 -55 80.46

Total 2788.55

Quality assurance and quality control protocols for drill core sampling was developed by Brixton

Metals Corporation. Blank, duplicate and certified reference materials were inserted into the sample

stream for at least every 20 drill core samples. The certified reference materials (standards) were

acquired from CDN Resource Laboratories Ltd. of Langley, British Columbia and the standards

inserted varied - depending on the type and abundance of mineralization visually observed in the

primary sample. Blank material used consisted of non-mineralized siliceous river / landscaping rock.

Samples were zipped locked and sent directly to ALS’s prep-lab in Whitehorse, Yukon.

Drill core samples were submitted to ALS Minerals preparation facility in Whitehorse, YT and

analyzed at ALS Geochemistry Laboratory Facilities in North Vancouver, BC. Samples were

initially analysed for gold by fire assay with an atomic absorption finish, whereas over limits for Ag,

Pb Cu and Zn and 48 additional elements were analysed using four acid digestion with an ICP-MS

finish. Select samples that returned values >1 g/t Au were then re-submitted for total metallic

screening where the oversized fraction was analysed by fire assay with an atomic absorption

finish.

About the Outlaw Gold Target

The Outlaw Target represents a 4km sediment-hosted gold-silver target. Mineralization is at or near

surface and is hosted within multiple stacked horizons of sub-horizontal sediments as interbedded

siltstone-graywacke with both stratigraphic and structural controls. The consistent nature of the gold

mineralization is thought to be associated with the Jurassic aged rhyodacite dykes. Early exploration

work on the Outlaw Target was conducted by Chevron’s Mineral Division in the 1980’s which entailed

soil and rock geochemical surveys, trenching and a few drill holes.